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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Suncor Energy Inc > Why so much negativity?
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Post by Silvercupon Jul 29, 2021 9:51am
334 Views
Post# 33620384

Why so much negativity?

Why so much negativity?Seems like a lot of people aren't happy with the earnings reported yesteday.
I'm by no means an expert on the market(I'm actually less than a year in) however they're showing a profit when a year ago they were showing losses and the profit went up from Q1 to Q2.  Seems to me like they're going in the right direction so why is there so much negativity? 
Is this all just because you didn't get your dividend increase that nobody was really expecting?
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